Quant Fintech is being advertised heavily on social media and through online advertising. It is a Bangladesh business which has no financial licence to operate in Australia.
Advertisements aim for one to download and install their App.
Further to this, there are some red flags which indicate it is a scam.
- They are using AI generated videos of high profile and successful Australian. This includes Gina Rinehart and other recognisable Australian business persons.
- The app is offered by ColoursRummyStudious on Google Play. This is business that usually develops games.
One to avoid.